Why Some Contractors Hate Surety Bonds
Construction Business Owner
JULY 13, 2017
Yes, surety bonds can be a hassle. But the likely reason some contractors dislike them is that they can’t get them. Think about it. Contracting is a risky endeavor with many opportunities for something to go wrong that can create a negative impact on cash flow. Maybe the project or conditions are not what was anticipated, or the contractor needs more resources than expected.
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